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Fool's Gold (W5)


Catalogue Number:  CTV476
Producer:  CTV
Producing Agencies:  CTV Television
Subject:  Business Studies, Criminal Justice & Law, Documentary, Economics, Social Sciences
Language:  English
Grade Level:  9 - 12, Post Secondary, Adult
Country Of Origin:  Canada
Copyright Year:  2010
Running Time:  20


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Canadians who invested with Golden Gate Funds, founded by Ernest Anderson, have found themselves broke and without answers. A W5 investigation has uncovered that more than 150 investors lost more than $8 million when the mortgage investment company collapsed in 2007. The financial meltdown sparked investment industry investigations, accusations of deception and ongoing questions about securities regulation and oversight.


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